# Dunamu

Dunamu is a Venture Capital based in Seoul, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Seoul, United States
- **Region:** North America
- **Address:** Menlo Park, CA, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** www.dunamu.com
- **LinkedIn:** https://www.linkedin.com/company/dunamu

## Regulatory record

- **Reports private funds:** No

## About

Dunamu operates Upbit, South Korea's largest digital asset exchange and the first registered virtual asset business operator in Korea, launched in October 2017. The company also runs Upbit NFT, a trading platform for digital collectibles, and Upbit Data Lab, a blockchain data analytics service. Headquartered in Seoul, Dunamu focuses on blockchain-based financial infrastructure and digital asset services.

## Sectors

- Blockchain Infrastructure
- Crypto & Digital Assets

## Offices

- New York
- San Francisco
- Seoul
- Palo Alto
- Los Angeles
- San Jose
- Covina

## People

- Song Chi-hyung — Chief Executive Officer and Co-Founder
- Kim Hyung-nyeon — Co-Founder

## Questions

### Who runs investment decisions at Dunamu?

Song Chi-hyung serves as CEO and oversees the firm's strategic direction, including venture investments. The day-to-day investment decisions for the Dunamu & Partners fund are led by a dedicated team with partner-level positions that have not been fully disclosed on public record (per Bloomberg, 2022).

### How does Dunamu source proprietary deal flow?

Dunamu uses its position as operator of the Upbit exchange to gain early visibility into emerging blockchain projects and token-based startups. Its venture arm, Dunamu & Partners, also leverages relationships from the broader Korean fintech ecosystem and its own layer-1 blockchain Luniverse to evaluate infrastructure investments.

### What investment stages does Dunamu typically target?

Dunamu & Partners invests across early-stage (seed to Series A) and growth-stage rounds in fintech, blockchain, and enterprise software companies. The firm has been observed leading Series A rounds and co-investing in later-stage rounds alongside other strategic investors (per TechCrunch, 2022).

## Related profiles

- [Dunas Capital España](https://altss.com/profile/dunas-capital-espa-a)

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Last updated: 2026-07-10T03:53:42.000Z

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